Market
Story
Trump to Delay TikTok Ban, Proposes 50% U.S. Ownership in Joint Venture with ByteDance
Jan 19, 2025, 04:51 PM
President-elect Donald Trump has announced plans to issue an executive order on Monday to delay the implementation of a ban on TikTok in the U.S. This decision comes in response to a federal law that required ByteDance, TikTok's China-based parent company, to divest its U.S. operations by Sunday or face a permanent ban. The law, upheld by the U.S. Supreme Court, was enacted due to national security concerns related to TikTok's Chinese ownership. Trump's order aims to extend the period before the law's prohibitions take effect, allowing more time for ByteDance to find an approved buyer. He also mentioned that the U.S. could take a 50% ownership position in a joint venture with ByteDance to 'save TikTok' and keep it operational in the U.S.
View original story
Similar markets
ByteDance • 25%
U.S. Company • 25%
Joint Venture • 25%
Other • 25%
Other • 25%
ByteDance retains ownership • 25%
Another U.S. entity • 25%
Project Liberty • 25%
Microsoft • 25%
Other entity • 25%
U.S. private equity firm • 25%
Oracle • 25%
Ownership Remains Unchanged • 25%
Ownership Structure is Dissolved • 25%
Ownership Changes to Project Liberty • 25%
Ownership Changes to Another Entity • 25%
Consortium of Investors • 25%
American Tech Giant • 25%
Private Equity Firm • 25%
Other • 25%
Remains ByteDance Owned • 33%
Joint Ownership • 34%
Sold to U.S. Company • 33%
Remains under ByteDance • 25%
Other resolution • 25%
Joint U.S.-Chinese ownership • 25%
Sold to U.S. company • 25%
Shut down in US • 25%
Kevin O'Leary • 25%
Another American company • 25%
Remains with ByteDance • 25%
Other • 25%
Other US Company • 25%
ByteDance • 25%
US Government • 25%
Remains with ByteDance • 25%
Operations ceased • 25%
Owned by another U.S. entity • 25%
Owned by Kevin O'Leary • 25%
Other • 25%
US-based company • 25%
International consortium • 25%
Remain under ByteDance • 25%
U.S. company • 25%
Other entity • 25%
Joint ownership • 25%
ByteDance • 25%